Ina statement Monday Exmar said it had sold the 84,270-cbm Flanders Tenacity(Built 1996) and the 37,450-cbm Eeklo (built 1995).

The disposals areexpected to generate net cash proceeds of around $44m. Both vessels are due tobe handed over to their new owners in June.

TradeWinds reportedearlier this month that the Flanders Tenacity is on time charter to Japan’s Itochuuntil August at $1m per month.

“Thedisposal